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12 November 2024 | 6 replies
if the timber is merch you should get a mill in there to bid on the timber.. hire a logger.. profit you use to knock the stumps out.your civil engineer should be giving you a preliminary cost to do infrastructure normally they will do these for free since they will be designing it all.. they would be the best bet anyone on line is simply a WAG
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13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.
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14 November 2024 | 8 replies
Hi There very excited to be part of this community, This is Williams Herrera a IT Engineer looking for the financial freedom, hungry to learn how to become a REI, I have saved 40k for my first deal but before that I would like to learn the most to minimize the risks and be able to get my first big deal.If you read this post please, share with me some advices and tips to get immersed in this RE world.
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15 November 2024 | 7 replies
Are we talking 10k for some hand waiving and reviews, 30-40k for the engineering reports / planning and submission, or 100k or more.
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13 November 2024 | 3 replies
Hey John, I used be a construction engineer and installed LVP in own house.
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13 November 2024 | 8 replies
On the foundation I would have had a engineer come out if you had concerns.
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11 November 2024 | 16 replies
Currently I am an Engineer, so I do make good money.
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11 November 2024 | 9 replies
Ask the planning group to look at another subdivision plans and also ask the engineering firm for a similar set of plans to look through.
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12 November 2024 | 1 reply
Builders, house flippers, brokers, etc.Unfortunately, banking and finance services and certain architect and engineering services don't qualify.
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11 November 2024 | 14 replies
I've been working with job titles like construction project manager, who doesn't know a lot about construction but coordinates architects, engineers, GCs etc, the VP of RE management, who also does not know a lot about construction but oversees site selection, lease negotiations, property management, RE accounting who writes my checks and does annual CAM audits, and other jobs like that.